# PPP loan: CADILLAC CASTING, INC
> **$5.88M** approved 04/08/2020 · Paid in Full · Loan `7763547003`
## Borrower
- **Name:** CADILLAC CASTING, INC
- **Address:** 1500 4TH AVE, CADILLAC, MI, 49601-9062
- **NAICS:** 331110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.88M
- **Initial approval:** $5.88M
- **Forgiven:** $5.95M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.47M
- **Rent:** $186K
- **Utilities:** $429K
- **Health care:** $700K
- **Debt interest:** $100K
- **Jobs reported:** 415
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*